Gore Street Energy Storage Fund (LON:GSF) Stock Rating Reaffirmed by Royal Bank of Canada

Royal Bank of Canada reissued their sector perform rating on shares of Gore Street Energy Storage Fund (LON:GSF) in a report issued on Thursday, MarketBeat reports. The brokerage currently has a GBX 85 ($1.08) price objective on the stock.

Separately, Shore Capital reaffirmed a house stock rating on shares of Gore Street Energy Storage Fund in a research report on Monday, March 25th.

Gore Street Energy Storage Fund Trading Up 1.9 %

LON:GSF opened at GBX 63 ($0.80) on Thursday. The company has a 50-day moving average price of GBX 66.02 and a 200-day moving average price of GBX 73.54. Gore Street Energy Storage Fund has a 12 month low of GBX 60 ($0.76) and a 12 month high of GBX 104.60 ($1.32). The stock has a market cap of £312.10 million, a price-to-earnings ratio of 700.00 and a beta of 0.36.

Gore Street Energy Storage Fund Announces Dividend

The business also recently announced a dividend, which was paid on Friday, April 12th. Stockholders of record on Thursday, March 21st were given a GBX 2 ($0.03) dividend. The ex-dividend date was Thursday, March 21st. This represents a dividend yield of 2.99%. Gore Street Energy Storage Fund’s dividend payout ratio is 8,888.89%.

Insider Activity at Gore Street Energy Storage Fund

In other Gore Street Energy Storage Fund news, insider Lisa Scenna purchased 35,000 shares of the stock in a transaction that occurred on Thursday, March 28th. The stock was bought at an average cost of GBX 63 ($0.80) per share, with a total value of £22,050 ($27,907.86). 6.41% of the stock is currently owned by corporate insiders.

About Gore Street Energy Storage Fund

Gore Street Energy Storage Fund Plc is an infrastructure investment fund.